Ukraine signed a settlement agreement with “Gazprom” on the fine AMC

Украина подписала мировое соглашение с "Газпромом" по штрафу АМКУ

The case of an antitrust fine of $7.4 billion closed.

Ukraine has signed with “Gazprom” settlement agreement on the suit of the Russian company, which is considered by the arbitration court ad hoc in accordance with the Arbitration rules of the UN Commission on international trade law (UNCITRAL), the case of PTS No. 2019-10.

This was announced by Deputy Minister of justice Ivan Lyschina.

On behalf of Ukraine the agreement was signed by Minister of justice Dennis Maluska, on behalf of “Gazprom” Deputy Chairman of the management Board Ekaterina Burmistrova.

“Details I can not reveal because it is confidential, but it is important that Russia withdraws its demands, and we do not violate his rules are not to conclude agreements in investment arbitration according to which Ukraine should pay to the investor any payment. And, more importantly, the signing of the agreement opens the way for the long-term contract on transportation of natural gas between Naftogaz and Gazprom sought by Ukraine”, – is spoken in Facebook Hazel.

The settlement agreement provides for the refusal of Ukraine of the fines imposed on Gazprom by the Antimonopoly Committee of Ukraine. The total size of the fines is about $ 7.4 billion.

Украина подписала мировое соглашение с "Газпромом" по штрафу АМКУ

Украина подписала мировое соглашение с "Газпромом" по штрафу АМКУ